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A recent report from AM Best shows that competitive market pressures have resulted in smaller year-over-year premium growth in the surplus lines market after years of sustained significant growth. AM Best reported that premium growth in the excess and surplus (E&S) market increased by 9.7% in the third quarter of 2025, down from 13.5% in…
Lockton Re’s proprietary analytics platform SAGE has been awarded another U.S. patent covering systems and methods for customized and real-time visualization, comparison and analysis of insurance and reinsurance structures, with additional patents pending. Key features of the platform enable customers to make faster, more informed decisions, providing greater transparency and efficiency. By turning data into…
Guy Carpenter, a reinsurance brokerage company under Marsh, reported revenue of US$215 million in the fourth quarter of 2025 and US$2.5 billion for the full year of 2025, an increase of 7% (5% on a basic basis) and 6% (5% on a basic basis) respectively compared with the same period in 2024. Guy Carpenter’s strong…
Brit Group has updated its cyber alliance Brit Cyber ​​Attack Plus (BCAP), led by Brit Syndicate 2987, which provides clients with comprehensive cyber insurance covering cyber-triggered physical damage and business interruption under a single cover and claims agreement. Created in 2016 to meet the needs of clients looking to expand network coverage across independent networks…
A new report released by WTW Enterprise Willis with contributions from Willis Re shows that natural disasters will cause more than $100 billion in insured losses in 2025, marking the sixth consecutive year above this threshold and underscoring the continued severity and persistence of natural disaster risks even without a hurricane making landfall in the…
Dale Underwriting Partners, trading as Lloyd’s Syndicate 1729 of Dale Management Agency Limited, announces the appointment of Kevin Flack to the newly created role of Head of Portfolio Solutions. In this role, Flack will be based in London and will work closely with Dale’s leadership team to drive product portfolio development and enhance data-driven decision-making….
EigenRisk, Inc., an independent insurance technology company providing catastrophe risk management solutions, has entered into an agreement with EuroTempest to add its European storm forecast and event footprint to the EigenPrism® catastrophe risk management platform. EigenRisk helps reinsurers, MGAs, brokers and risk managers around the world manage catastrophe risk and drive growth while improving client…
QBE Re, the reinsurance arm of global insurance group QBE, has announced the appointment of Lian Phua as head of credit reinsurance. Based in New York, Phua will report to Salvatore Sama, Executive Director, QBE Re North America, and work closely with Shane Lawlor, Executive Director and Head of Professionals. In this newly created role,…
Lloyd’s specialist insurer and reinsurer MS Amlin will begin underwriting Middle East political risks in 2025 and plans to achieve greater growth in the region through a new reinsurance partnership with its parent Mitsui Sumitomo Insurance Company (MSI), Ltd. The new partnership is targeted at customers in the United Arab Emirates (UAE) and combines MSI’s…
Pikine, Senegal’s second largest city with more than 750,000 inhabitants, signed a parametric insurance contract against excess rainfall, structured by AXA Climate and underwritten by a consortium of Senegalese insurance companies AXA Sénégal, ASKIA Assurances and SUNU Assurances, and reinsured by Africa Risk Capacity (ARC) Ltd. The insurance will give Pikine 200 million CFA francs…